£307,501
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 2 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £240,000 results in an estimated price of approximately £307,501.
| 2 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £240,000 | £67,501 | £307,501 |
The Postcode Pricing Model uses changes in average sales price within the DY6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -41.491 % | £-99,578 | £140,421 |
| 3 Month Average | 5.410 % | £12,985 | £252,985 |
| 6 Month Average | 19.528 % | £46,867 | £286,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £212,710 | £215,000 | 97 BALFOUR ROAD |
| 16 Jun 2022 | £258,655 | £255,000 | 27 HILLCROFT ROAD |
| 14 Apr 2022 | £233,764 | £227,000 | 27 EARLSWOOD ROAD |
| 11 Apr 2022 | £283,195 | £275,000 | 14 HONEYSUCKLE AVENUE |
| 24 Sep 2021 | £326,511 | £303,000 | 30 PROSPER MEADOW |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Mar 2016. Using an estimated price of £307,501 means this house is valued at £4,100 per sq meter (£380 per sq foot).
The average size of a house on BALFOUR ROAD is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Honeysuckle Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Honeysuckle Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hillcroft Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |